CatchMark Timber Trust, Inc.
| Public | |
| Traded as | NYSE: CTT |
| ISIN | 🆔 |
| Industry | Real Estate Investment Trust Timber |
| Founded 📆 | |
| Founder 👔 | |
| Headquarters 🏙️ | Atlanta, GA |
Area served 🗺️ | |
Key people | Brian M. Davis CEO, President, Director |
| Products 📟 | Timberlands |
| Members | |
Number of employees | |
| 🌐 Website | catchmark |
| 📇 Address | |
| 📞 telephone | |
CatchMark Timber Trust Inc. ("CatchMark") is a real estate investment trust focused exclusively on timberland ownership and management. Headquartered in Atlanta, CatchMark began operations in 2007 and owns interests in 1.5 million acres throughout the United States.[1] of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina, Tennessee and Texas. CatchMark is traded on the New York Stock Exchange under the ticker symbol CTT[2]
Properties
The company owns interests in 1.5 million acres of timberlands located in Alabama, Florida, Georgia, North Carolina, Oregon, South Carolina, Tennessee and Texas.[3] All of the company’s fee timberlands, excluding those subject to a contract for sale, are certified sustainable by the Sustainable Forest Initiative® (SFI)[4].
History
In December 2013, CatchMark announced the completion of its underwritten public offering of Class A common stock and listed on the New York Stock Exchange under the ticker symbol “CTT.”[5]
In July 2018, a CatchMark-led partnership completed the $1.39 billion acquisition of 1.1 million acres of East Texas timberlands. The joint venture — operating as Triple T Timberlands — is a CatchMark-managed affiliate.[6]
Corporate Governance
Brian M. Davis serves as Chief Executive Officer, President and Director[7] is President/Chief Financial Officer of CatchMark. Five out of six Board of Director members are independent directors.[8]
References
- ↑ "Document". www.sec.gov. Retrieved 2020-01-07.
- ↑ "NYSE". www.nyse.com. Retrieved 2020-01-07.
- ↑ "CatchMark (NYSE: CTT) I CatchMark Portfolio". Retrieved 2020-06-23.
- ↑ "Sustainable Forestry Initiative - Catchmark Timber Trust, Inc". sfidatabase.org. Retrieved 2020-06-23.
- ↑ "Announcements". www.nyse.com. Retrieved 2020-01-07.
- ↑ Inc, CatchMark Timber Trust. "CatchMark Led Partnership Completes $1.39 Billion Acquisition of 1.1 Million Acres of Prime East Texas Timberlands". www.prnewswire.com. Retrieved 2020-01-07.
- ↑ Inc, CatchMark Timber Trust. "Brian M. Davis Promoted to CatchMark President". www.prnewswire.com. Retrieved 2020-01-07.
- ↑ "CatchMark Investor Relations -". CatchMark Investor Relations. Retrieved 2020-06-23.
External links
- CatchMark Timber Trust (official website)
- Business data for CatchMark Timber Trust, Inc.: Google Finance
- Yahoo! Finance
- Reuters
- SEC filings
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